In Deciding Whether to Invest Abroad, Management Must First Determine

question 33

Multiple Choice

In deciding whether to invest abroad, management must first determine whether the firm has a sustainable competitive advantage that enables it to compete effectively in the home market. The competitive advantage must be:

• A) firm specific.
• B) not easily copied.
• C) in a transferable form.
• D) all of the above

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Definitions:

Illegal Immigrants

Individuals who enter or reside in a country without the proper authorization or documentation required by law.

Standard of Living

The degree of wealth, comfort, material goods, and necessities available to a person, group, or society.

Illegal Immigration

The migration of people across national borders in a way that violates the immigration laws of the destination country.

Beaten Paths

Migration routes taken previously by family, relatives, friends, and other migrants.